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-   -   NYMEX heating oil record LIMIT UP!!, watch out Diesel prices!!! (http://www.peachparts.com/shopforum/diesel-discussion/224310-nymex-heating-oil-record-limit-up-watch-out-diesel-prices.html)

turbodeezl 06-06-2008 01:27 PM
NYMEX heating oil record LIMIT UP!!, watch out Diesel prices!!!
 
This is a historic day in regards to energy markets with heating oil already limit up(over 7%) and oil approaching the same level. Diesel is going to be unbelievably expensive within the next two weeks.

ForcedInduction 06-06-2008 01:32 PM
BREAKING NEWS! Oil prices are going up! BIG SURPRISE! :rolleyes:

It might have been news 3 years ago but with the worthless dollar and the USA's very poor world power its been long overdue.

Graplr 06-06-2008 01:36 PM
Actually I noticed diesel prices have gone down at the pump for the first time in recent memory.

At my local station this past weekend it was $4.72/gal. Today when I drove by it was $4.59/gal.

Diesel911 06-06-2008 01:38 PM
Price when up here in Long Beach, CA to $5.05 for the holiday and droped back 10 cents afterwards.

rkohut 06-06-2008 01:50 PM
Seven Corners Chevron in northern Virginia dropped $.10 in the last week, from $4.69 to $4.59, prompting a 'topping off'

Geodad 06-06-2008 02:14 PM
$4.39 at Walmart in Columbia, SC...

pawoSD 06-06-2008 02:18 PM
Its down about 10-20 cents here too....

Craig 06-06-2008 02:25 PM
Quote:
Originally Posted by ForcedInduction (Post 1876091)
BREAKING NEWS! Oil prices are going up! BIG SURPRISE! :rolleyes:

It might have been news 3 years ago but with the worthless dollar and the USA's very poor world power its been long overdue.
I'm shocked, shocked I say. :D

I can't wait for all the whining when it hits $6.

TheDon 06-06-2008 02:29 PM
Quote:
Originally Posted by Graplr (Post 1876095)
Actually I noticed diesel prices have gone down at the pump for the first time in recent memory.

At my local station this past weekend it was $4.72/gal. Today when I drove by it was $4.59/gal.
I remember when Diesel as $1.75... and I'm only 19!

turbodeezl 06-06-2008 02:31 PM
You guys wait for next week, just wait.

Graplr 06-06-2008 02:46 PM
Quote:
Originally Posted by turbodeezl (Post 1876158)
You guys wait for next week, just wait.
I'm not saying it won't go up. But Lance and Craig's point is that it is always going to go up so we might as well get used to it.

Also I noticed that diesel went down but gasoline stayed the same at $3.79.

Craig 06-06-2008 02:50 PM
Quote:
Originally Posted by Graplr (Post 1876183)
I'm not saying it won't go up. But Lance and Craig's point is that it is always going to go up so we might as well get used to it.

Also I noticed that diesel went down but gasoline stayed the same at $3.79.
I do think diesel and gasoline will end up closer together in price, but the long term trend for both is upward.

H-townbenzoboy 06-07-2008 11:21 AM
Quote:
Originally Posted by rkohut (Post 1876108)
Seven Corners Chevron in northern Virginia dropped $.10 in the last week, from $4.69 to $4.59, prompting a 'topping off'
Diesel prices did the same thing in Houston about a month ago, before sprouting up $.50 in the span of a few days.:rolleyes:

BillA 06-07-2008 11:33 AM
been nursing a $4.679 tank, and now the bargain is $4.999 (others @ $5.259 etc.)
I've noticed that the price difference between stations is higher, same % ?

cphilip 06-07-2008 12:03 PM
Quote:
Originally Posted by TheDon (Post 1876154)
I remember when Diesel as $1.75... and I'm only 19!
I remember when it was 21 cents a gallon... and I am not 19.


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